Support service vessels pull up Coastal Contracts profit


SHIPBUILDER Coastal Contracts Bhd's venture into the production of specialised support services vessels for the offshore oil and gas sector has raised its profile in the industry. 

Having established itself as a reliable builder of tugboats and barges since the early 1990s, the move towards manufacturing these higher-end vessels requires a whole new set of technical and engineering expertise, not to mention huge working capital.  

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